Tag: stablecoin

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Stablecoin TrueUSD To Be Fully Controlled By Asian Owner

Featured Image From Kraken, Chart From Tradingview. In today’s news, the prominent stablecoin TrueUSD – with the ticker TUSD – is now undergoing a...

Stablecoin Issuer Circle Cuts Workers, Ends Certain ‘Non-Core’ Activities; Will Continue Hiring Globally

"To maintain our strong balance sheet, Circle is redoubling its focus on core business activities and execution,” a spokesperson for Circle told CoinDesk...

EU Banking Agency Encourages Stablecoin Standard Adoption

EBA prompts stablecoin issuers to start preparing for MiCA regulations. ...

Stablecoin Issuers Circle and Tether Freeze Stablecoins Tied to Multichain Exploit: On-Chain Data

Blockchain data reveals that stablecoin firms Circle and Tether have frozen coins linked to the recent multi-million-dollar Multichain exploit. Earlier this week, blockchain security...

Hong Kong Dollar Stablecoin to Compete with USDT and USDC Proposed: Report

On July 4, the Vice President of Hong Kong University of Science and Technology, Cai Wensheng, penned a proposal for an HKD stablecoin....

HKUST Vice-President Urges Hong Kong to Issue Stablecoin HKDG

According to TKWW, key figures including HKUST Vice-President suggest that the Hong Kong government should issue its own stablecoin, referred to as HKDG,...

Stablecoin Cap Shows Early Sign Of Reversal, Why This Could Benefit Bitcoin

Data shows the stablecoin market cap has returned toward equilibrium and may be gearing up for a reversal. Here’s how Bitcoin could benefit...

Circle’s USDC Stablecoin CCTP Goes Live on Arbitrum: Details

Godfrey Benjamin Circle Cross Chain Transfer Protocol (CCTP) now live on Arbitrum Contents Benefits of CCTP tool on ArbitrumDriving USDC interoperabilityCircle, the issuer of the blockchain...

Japan’s Largest Bank to Support Global Stablecoin Issuance

Top Japanese banking group Mitsubishi UFJ (MUFG) is reportedly holding discussions with stablecoin issuers to have them issue such tokens on the group's blockchain platform....

Tether CTO Paolo Ardoino Says Stablecoin Giant Not Competing With Banking System

Tether CTO Paolo Ardoino says the world’s largest stablecoin issuer does not view itself as a competitor of banks despite being a huge...